Dongguan Aohai Technology Dividend
Dividend criteria checks 3/6
Dongguan Aohai Technology is a dividend paying company with a current yield of 3.37% that is well covered by earnings.
Key information
3.4%
Dividend yield
57%
Payout ratio
Industry average yield | 2.0% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥1.61 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 002993 has been paying a dividend for less than 10 years.
Growing Dividend: 002993's dividend payments have increased, but the company has only paid a dividend for 3 years.
Dividend Yield vs Market
Dongguan Aohai Technology Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (2993) | 3.4% |
Market Bottom 25% (CN) | 0.7% |
Market Top 25% (CN) | 2.4% |
Industry Average (Tech) | 2.0% |
Analyst forecast in 3 Years (2993) | n/a |
Notable Dividend: 002993's dividend (3.37%) is higher than the bottom 25% of dividend payers in the CN market (0.67%).
High Dividend: 002993's dividend (3.37%) is in the top 25% of dividend payers in the CN market (2.41%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.6%), 002993's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (153.2%), 002993's dividend payments are not well covered by cash flows.